we cover elections, not economics generally, but ronald reagan was re-elected with a 7.2% because he said it was the morning in america. optimism was what he sold. he was able to say 7.2% is great news, great news. he got re-elected with 49 states. he lost minnesota and the district of columbia with 7.2%. what should obama get with 7.8%? it seems like it's within the range there and everybody is pooh-poohing it and, oh, geez. i know why jack welch is scared, that number is too damn close to reagan's number. >> i think how this works with the president's narrative is that we're moving in the right direction, don't change -- you know, don't change horses, don't go back to a playbook that demonstrably didn't work, the george bush supply side stuff that he can legitimately tie to mitt romney. he had a narrative that said the economy is moving in the right direction, and i think this job report actually strengthens that narrative. and much more than levels of variables like the level of the employment rate, it's momentum that i think forms voters' views on the economy. >> i think it was i